raylalondejeopardy| DCI launches the 2024 "Farmers 'Income Guarantee Plan"

2024-05-15

In order to implement the spirit of the Central Committee's "No. 1 Document" and the spirit of the Central Financial Work ConferenceraylalondejeopardyContinue to give full play to the positive role of the futures market in serving the rural revitalization strategy and maintaining national food security. On May 15, DCI issued a notice to continue to promote the "Farmers 'Income Guarantee Plan" with "insurance + futures" as the core model this year."(hereinafter referred to as the" Agricultural Insurance Plan ") project.

In the 2024 agricultural insurance plan of Dashang Institute, a biological breeding demonstration project, a special "silver period insurance" planting and harvesting project and a special pig breeding project have been set up respectively. Among them, the biological breeding demonstration project will adopt the "insurance + futures" income insurance model, and the service target is corn planting entities participating in the "National Biological Breeding Demonstration Work" organized by the Ministry of Agriculture and Rural Affairs in 2024. The project will be carried out in Inner Mongolia Autonomous Region, Jilin Province, Liaoning Province, and Hebei Province; The "Silver Period Guarantee" special seed harvest project will adopt the "Silver Period Guarantee" seed harvest model. The service objects are large-scale new agricultural business entities capable of unified planting and field management, unified harvesting and sales of soybeans or corn. The project will be carried out in Heilongjiang Province; The special pig breeding project will adopt the "insurance + futures" price insurance model, serving ordinary farmers or new agricultural business entities directly engaged in breeding production, and can be carried out nationwide. All projects must be based on the prices of futures varieties such as corn, soybeans, and live pigs in Dashang, and rely on the Dashang market for risk diversification.

According to the notice, all projects must be applied by futures companies. Among them, for biological breeding demonstration projects and "Silver Futures Insurance" special projects, a single project must be led by 1 futures company and jointly carried out by 2-4 futures companies. The project application deadline is June 14, 2024; For special pig breeding projects, a single project is carried out by 1 futures company and can be applied every week. The application deadline is December 26, 2024.

The person in charge of the relevant business of the DCI said that relevant units are welcome to actively apply for projects based on a detailed understanding of the project plan and requirements. The exchange will subsequently determine the project list as soon as possible in accordance with relevant regulations, efficiently promote the implementation of projects, and strictly strengthen project management., to serve farmers to stabilize income and increase income and help high-quality agricultural development.

Since the creation of "insurance + futures" in 2015, DCI has carried out such projects to serve "agriculture, rural areas and farmers" for 10 consecutive years. According to statistics, last year, the Institute of Commerce carried out a total of 285 "insurance + futures" projects in 25 provinces (autonomous regions and municipalities directly under the Central Government) across the country, ensuring 218 cases of cash.raylalondejeopardy6,600 tons, serving 43,000 small and medium-sized farmers and 377 large-scale planting and breeding entities. Overall, the project throughout the year has achieved the expected goals, especially in terms of national biological breeding industrialization promotion pilot guarantee, exploration and practice of the "silver period guarantee" seed harvest model, and standardized design of breeding "insurance + futures" products., has been recognized by relevant ministries and commissions, local governments and participating parties.

raylalondejeopardy| DCI launches the 2024 "Farmers 'Income Guarantee Plan"